Russia and Japan to Cooperate on Energy Development

Nikolai Shulginov, image credit: EPA

On the sidelines of the Eastern Economic Forum (EEF), Russian Energy Minister Nikolai Shulginov met with Japanese Minister of Trade, Economy, and Industry Hiroshi Kajiyama, after which they agreed to sign a statement of intent on collaboration in the sphere of sustainable energy and discussed bilateral ties, TASS reports.

The agreement specifies bilateral cooperation in the supply of liquefied natural gas (LNG) and condensate, developing alternative sources, hydrogen generation, gas chemistry products, and CO2 capture and storage.

Both ministers are members of the Russian-Japanese Energy Consulting Council, which will form a working group that will cooperate on hydrogen, ammonia fuel, and carbon processing.

Shulginov also welcomed the Japanese delegates to attend the Russian Energy Week, which will take place from October 13 to 16, as well as the World Energy Congress, which will take place in St. Petersburg, the second-largest city in Russia, which is scheduled for October 2022.